Wednesday, October 30, 2019 - 12:31pm

Auto Remarketing Staff

With only a couple of months remaining in the year, J.D. Power Valuation Services is holding steady on its forecast for where wholesale prices are likely to land by the time 2019 finishes. Reiterating its forecast even though six consecutive months of index increases came to an end in September, analysts said... Read More

Tuesday, October 29, 2019 - 1:41pm

Auto Remarketing Staff

The last time Black Book saw a weekly wholesale price decline this significant, individuals might have still had their New Year’s resolutions top of mind. And decreases might intensify as Black Book’s newest Market Insights report showed declines for both cars and trucks at much higher levels than the... Read More

Monday, October 28, 2019 - 4:36pm

Joe Overby, Senior Editor

One of the leading companies in the fast-growing and disruptive online auto auction space could see its valuation climb above $1 billion. According to a Reuters report on Friday, ACV Auctions has filed for a Series E round of funding, where it aims to raise $150 million. That round, Reuters reported, would lead to ACV... Read More

Monday, October 28, 2019 - 3:32pm

Auto Remarketing Staff

Manheim Digital vice president Zach Hallowell, who is the closing keynote speaker at Used Car Week's National Remarketing Conference, sat down with senior editor Joe Overby at the recent NAAA Convention in Indianapolis for an episode of the Auto Remarketing Podcast.  In the conversation, Hallowell shares... Read More

Monday, October 28, 2019 - 1:40pm

Auto Remarketing Staff

As vice president of commercial sales for Manheim since 2017, Holly Capps developed and executed a sales strategy that Cox Automotive says brought in almost $2 billion in annual revenue. The company said she grew business with key strategic clients. On Monday, the company announced it has promoted Capps to senior vice... Read More

Friday, October 25, 2019 - 1:56pm

Nick Zulovich, Staff Writer

After discussions and negotiations that spanned “several years,” Columbus Fair Auto Auction (CFAA) became part of the XLerate Group on Friday afternoon. During a phone conversation with Auto Remarketing just a couple of hours after the acquisition closed, XLerate chief executive officer Cam Hitchcock... Read More

Thursday, October 24, 2019 - 4:12pm

Nick Zulovich, Staff Writer

Sometimes when a service provider develops new technologies or processes, the firm must make a host of adjustments between a pilot program and when the solution or offering is officially launched into the market. For IAA’s newest offering that germinated through a partnership with SpinCar, IAA chief executive... Read More

Tuesday, October 22, 2019 - 1:56pm

Auto Remarketing Staff

ServNet auction owners gathered for their fall business meeting earlier this month in Dallas, and in the process decided on the leader who will be its president for the next two years. Taking on the role of president is Bruce Beam, general manager of Dealers Auto Auction of Oklahoma City. Beam succeeds Eric Autenrieth... Read More